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Beacon Point Phase 2 lease agreement

Company: Hut 8

Subject kind
partnership
Statement date
2026-09-11
Promised amount
9.8 USD billion
Current status
stated

The claim, verbatim

Hut 8 executed a second 15-year lease at Beacon Point data center for $9.8 billion covering 352 MW of IT capacity

Source (primary)

AI Infrastructure Stock Hut 8 (TSX: HUT) Makes TSX Top Gainer List as Investors Continue Bet on Beacon Point Data Center - Investorideas.com (-, news_article)
View cached copy (2026-09-12)Live source ↗

Quote: “a second 15-year, $9.8 billion lease (the "Agreement") for 352 megawatts (MW) of IT capacity”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms AI Infrastructure Stock Hut 8 (TSX: HUT) Makes TSX Top Gainer List as Investors Continue Bet on Beacon Point Data Center - Investorideas.com

Quote: “a second 15-year, $9.8 billion lease (the "Agreement") for 352 megawatts (MW) of IT capacity”

View cached copy (2026-09-12)Live source ↗